Man Who Misplaced $70K to ‘Mr. 50K A Day' Advertising Coach Says He's Been Repaid – NBC4 Washington

A person who stated he spent $70,000 to rent a Maryland-based internet affiliate marketing coach, solely to return up empty-handed, has been repaid following a News4 I-Staff investigation.
Mark King stated he employed Greg Davis, whose nickname is “Mr. 50K A Day,” in early 2020, believing Davis would construct and train him how one can run an internet enterprise that makes cash by selling different individuals’s merchandise.
King stated Davis informed him he might design a advertising “marketing campaign” for him that would generate as a lot as $10,000 a day inside six months. The associated fee for his teaching providers wasn’t low-cost — nearly $70,000 — and got here with a one-year a reimbursement assure.
“He was the internet affiliate marketing guru,” King stated, including, “His assurances have been: ‘We’re going to begin getting cash shortly.’”

However after hiring Davis, whose firm is named the Legin Group and is also called Tremendous Affiliate Rockstar, King stated issues went south.
He stated not solely did he not make a revenue, however greater than a 12 months and a half later, Davis hadn’t returned his practically $70,000 funding as their contract requires.
“I really feel prefer it shouldn’t have occurred,” King stated. “I’ve made no cash throughout this complete course of. This was a complete failure.”
After the I-Staff aired its story on Oct. 19, nevertheless, King stated Davis did return his cash.
Nonetheless, the I-Staff discovered King isn’t the one one who employed “Mr. 50K A Day” to assist launch an internet affiliate marketing profession however who made no cash consequently. By means of court docket information, on-line opinions and interviews, the I-Staff discovered a number of individuals who stated they paid Davis hundreds of {dollars} for teaching and to assist arrange an internet affiliate marketing enterprise however obtained little or nothing in return.
In an interview with the I-Staff, the person behind the “Mr. 50K A Day” moniker acknowledged owing King and “fairly a number of” different individuals cash, however insisted he plans on repaying them.
“I really feel unhealthy. I do not, you already know, need individuals to not have their cash … I do not be ok with that in any respect,” Davis stated.
The Prince George’s County man blamed his monetary issues on the pandemic, saying his enterprise tanked final 12 months as a result of his “foremost marketing campaign” was centered on selling auto insurance coverage, which he stated suffered as People went into lockdown. He stated he’s nonetheless digging out of the backlog. 
“If the pandemic hadn’t occurred, none of this might’ve occurred. We wouldn’t be speaking,” he stated.
However the I-Staff discovered a number of individuals who say they misplaced cash to Davis previous to the pandemic, together with Floyd Garner, of Maryland, who employed Davis in late 2017.
Requested what he anticipated to study from Davis’ teaching, Garner stated, “What I used to be speculated to be studying was the enterprise, however as an alternative, I bought the enterprise.”
Data present Garner initially paid Davis $15,000 for a three-month on-line coaching course in internet affiliate marketing and later paid greater than $6,000 in extra costs associated to promoting campaigns. However Garner stated Davis by no means offered teaching providers or proof of a advertising marketing campaign.
“There have been earnings promised, and this was nothing however a loss,” Garner informed News4.
Garner sued Davis for breach of contract, intentional misrepresentation and fraud in 2019 and received his case, however information present it took additional authorized filings earlier than he was repaid.
Jon Petreeko, of Florida, informed the I-Staff he employed Davis for $20,000 in March 2019 to launch an internet affiliate marketing enterprise that Petreeko would ultimately take over.
As a substitute, Petreeko stated he was bought a “pipe dream.”
“He by no means bought the enterprise to the purpose the place I can truly take it over,” Petreeko stated. “He by no means had a bodily product and even digital product that I might even see or go, ‘Alright, I can get on board with this.’ He simply put excuses after excuses.”
Petreeko stated Davis has repaid greater than $15,000 of his funding, together with in cryptocurrency, however he’s nonetheless awaiting the remainder.
Although Davis acknowledges he owes many individuals cash, he stated he’s had “a whole bunch” of shoppers and that many have benefited from his teaching.
He despatched the I-Staff a lot of video testimonials from former shoppers he stated have made as a lot as six and 7 figures. News4 tried to achieve lots of them.
Lamont Value, of Baltimore, wrote in a message to News4 that “Greg’s program labored very properly” for him and was “definitely worth the funding.”
Reached by the I-Staff, John Grey stated he spent round $2,000 a number of years in the past to take one among Davis’ programs on cost-per-acquisition advertising – one thing he stated helped launch his present profession in e mail advertising.
However requested if he’s earned “seven figures” consequently, as Davis informed the I-Staff, Grey laughed and stated, “No, no, no, and my tax returns would show that.” 
Earlier than getting into into any sort of teaching settlement, client regulation legal professional Michael Ostroff suggested individuals to find out whether or not the service is a client, private or enterprise transaction, as that stipulates the kind of protections out there ought to the deal go sideways.
Ostroff, who represented Garner in his case towards Davis, additionally stated would-be shoppers ought to ask myriad questions on what they’re buying and ensure to not pay for all providers upfront.
“The extra you ask questions earlier than you get into it, the extra you’ve gotten a written contract, the extra you perceive what’s anticipated of not solely you however the different social gathering, the higher off you are going to be,” he stated.
The Federal Commerce Fee, which tracks on-line teaching applications gone unsuitable, declined to touch upon this story.
However Andrew Smith, the FTC’s former director of the Bureau of Client Safety, informed the I-Staff he “isn’t stunned” by the extent of losses individuals like King have reported.
Smith wouldn’t remark particularly about Davis’ enterprise however stated, on the subject of investigating wrongdoing, “From the FTC or the regulation enforcement perspective, what makes the distinction is fake or unsubstantiated earnings or way of life claims.”
Although former shoppers together with King and Garner stated Davis gave them assurances they might flip earnings by hiring him as their coach, Davis refuted that and stated he discloses to his shoppers that not everybody will make huge bucks.
“I didn’t essentially assure that they might earn cash. I simply stated that, like, in the event that they hadn’t made their a reimbursement inside 12 months, then I’d, you already know, refund them,” he stated.
Requested about King’s allegation that the advertising marketing campaign Davis was creating for him might yield as much as $10,000 a day inside six months, Davis stated, “That was not a promise. It was a goal.”
Nonetheless, an arbitrator overseeing King’s case towards Davis with the American Arbitration Affiliation wrote Davis “deliberately misrepresented that he made $50,000.00 per day and thousands and thousands in complete by internet affiliate marketing” and that “he would supply providers that may instantly generate earnings.”
In September, a Prince George’s County decide additionally ordered Davis to repay King’s $70,000 funding, plus extra prices.
In the meantime, Davis informed the I-Staff he’s contemplating shifting on from internet affiliate marketing teaching and is now instructing others how one can spend money on cryptocurrency.
Reported by Susan Hogan, produced by Katie Leslie, and shot and edited by Lance Ing. NBCLA I-Staff reporter Randy McIlwain contributed to this report.